Renzenbrink & Partner advises Engel & Völkers AG on strategic acquisitions and disposals
29. March 2021The real estate brokerage company Engel & Völkers is one of the most renowned companies in the real estate sector. More than 12,000 people work under the Engel & Völkers brand at over 800 locations on four continents. With its innovative franchise system, Engel & Völkers is also one of the pioneers in the industry.
As part of its growth strategy, Engel & Völkers AG regularly acquires regional brokerage houses that were previously active as franchise partners, while holdings outside its own core business are sold.
Renzenbrink & Partner advised Engel & Völkers AG in connection with the strategic acquisition of franchisees from the residential segment in Berlin and Frankfurt am Main in the first quarter of 2021 and the sale of a majority stake in the commercial business. Renzenbrink & Partner has regularly advised Engel & Völkers in connection with M&A activities since 2019.
The Renzenbrink & Partner team was led by Dr. Andreas Stoll (Corporate/M&A) and consisted of Marc Kotyrba (Tax), Dr. Alexander Haunschild and Jonas Hamm (both Corporate/M&A).